NORWOOD SYSTEMS LIMITED — Director's Dealing 2012

Oct 3, 2012

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	MONTERAY MINING GROUP LIMITED
ABN	062 959 540

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	JOHN ANDREW HANNAFORD
Date of last notice	16/5/2012

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	John Andrew Hannaford
Date of change	-
No. of securities held prior to change	97,663 Ordinary Shares 1,000,000 Options exercisable at $0.25
Class	FPO
Number acquired	Nil
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	97,663 Ordinary Shares 1,000,000 Options exercisable at $0.25

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	N/A
Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	A. Emma Kate Hannaford (spouse) B. Jaek Holdings Pty Ltd ATF the Hannaford Family Trust (interest arises through shareholding and directorship, and as beneficiary of trust) C. Riverview Corporation Pty Ltd (interest arises through shareholding and directorship) D. John & Emma Hannaford Superannuation Pty Ltd ATF the Hannaford Super Fund (interest arises through directorship and beneficiary of super fund)
Date of change	1stto 3rdOctober 2012
No. of securities held prior to change	A. 10,000 B. 2,282,500 FPO; 2,250,000 options C. 1,184,518 D. 309,831
Class	A. FPO B. FPO; Options exercisable at $0.25 C. FPO D. FPO
Number acquired	A. Nil B. 179,634 FPO C. Nil D. Nil
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	A. Nil B. $13,684 C. $Nil D. Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	A. 10,000 B. 2,462,134 FPO; 2,250,000 options C. 1,184,518 D. 309,831
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market trade

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3